Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 29, 1907, Image 11

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THE ATLANTA GEORGIAN AND NEWS. FRIDAY. NOVEMBER 29. VI COTTON ACTIVE! Liverpool Over Our Holiday Was Sharply Better Than Expected. SPOTS ARE STRONG New York and New Orleans Follow—11c Again Appearing. \>w York. Nov. a*.—At the opening to rt.’ y the local cotton market was steady Rt mi advance of 1 to 6 poluti. influenced by rtrmnes* of the inarket at Liverpool over the holiday. The offerings were light. The position of December was strengthened by JhP belief that the notices on almut 30.000 fl les that,were outstanding would be re called by the bulls. During our holiday Thursday prices f,,r both spots and futures were better than due, and on Friday the advance whs further Increased, the close being Arm 6 to * points higher, whereas 2% to 4 points would have been a full response to New York’s closing on Wednesday, and snot cot ton has advanced 8 points since Wednesday. However. Friday aalea showed n sharp fall* ing off ns compared with the previous dH.va of the week, aggregating only 7,000 bnles at 6.14. At the opening In New Y’ork very small Advances were recorded—1 to 6 poluts. That the improvement was not greater wus at tributed to the sending out of December notices sround the opening, which caused hesitancy st tho start. Immediately after the call prices started upward, and In short order December crossed the He mark, while Mar seld at 11c flat. The buying was of k -ood character niid Included Klordnn, Hut ton. Wilson and Mitchell. * Mr. Price launched n bearish clrculn.. but it did not hare the effect desired, the trend of prices continuing steadily upward. Mrs. Burch Issued her estimate of the crop Friday morning. Mie places the yield st 10.388.000 bnles. while the average of 140 members of the Liverpool Cotto" mikes the yield 11,805,000 bnles. At last accounts Mr. Price was standing pat on bis estimate of 13.500.000, or more. Sentiment continued bullish throughout the Afternoon, and while the close was a few points below the high points on proflt- tflklng sales, prices were very steady, the .lose being very steady 16 to 22 point* higher. Receipts at the ports and Into sight movement delayed. Not received up to time of going to press. Estimated receipts 8sturdsy NEWS AND GOSSIP. Of the Fleecy Staple. New Orleans.... ibtiveston Houston 1007. ..13,000 to 22,000 .. 8,000 to 10,000 .. 5,000 to 5.500 1006. 11.432 22.656 15,850 SPOT COTTON MARKET. Liverpool, ulet; middling 6.14. Atlanta, steady; middling 11. New Orleans, Arm; middling 11 5*16. New York, steady; middllug 11.70. Savannah, ateady; middling 10 15*16. Its It (more, nominal; middling 10 18-16. Wilmington, stedy; middling 10%. Boston, steady; middling 11.70. Mcmplns, quiet; middllug 11 1*16. Philadelphia, steady; middling 11.75. Houston, ateady; middling 11%. Norfolk, steady; middling 11 1-16. Galveston, steady; middling 11. 8t. Louis, ateady; middling 11%. INTERIOR RECEieTS. The following table shows receipts at the Interior towns today, compared with the same day last year: 1907. 1906. Houston * 8,657 15.374 Augusta 1.585 2.930 Memphis G.044 6,140 Cincinnati 916 690 Total. ...... . 17,201 25.134 HAYWARD, VICK & CLARK'S DAILY COTTON LETTER. New Orleans. Nor. 26.—The English mar ket showed decided strength, while we were closed, advancing 7 Points yesterday and 2 today, against only about 3 poluts up •Im*. Spot stiles continue large. Fables s-i.v there Is some speculative buying In an ticipation of a bullish bureau estimate, nml "ti the strength of spot cotton In the South. Hrst trades hero this morning were only lit nn advance of 4 to 6 points mid profession- si* wero inclined to sell .for a reaction on the opinion that 116 points advance and the week-end would Invite a temporary turn, ■•nt outside orders came on the buying side snd forced nuotlicr upturn to 10.96 for Jan uary. New York and .Liverpool led tho advance. It seem* short covering and bull buying is In swing, and the adjustments "* changed conditions and outlook not yet "'‘compllshed. Reunions of consequence therefore are uncertain, and tho advancing tendency nmy lie little disturbed until tho int ernment crop estimate is out of the way. Liverpool closed at the best 7 points higher. A late cable saya: “Largo business Man * nester In American yarns.'* The South western Cotton Buyers' Association of Tex- •"» estimates the Texas crop nt 2,350.000 1 ale*. A leading expert house here, ihut "wn* six compresses In Texas, hns compress return* to November 23, which show 138,366 ... . ... ■ ■ • -*- ||j P t Is restricted owing to limited’ offerings. Spot broker* My they never saw such small of ferings for the busy season of the year. 8<mic of the November need* are yet un covered owing to these supply conditions. About He advance is paid this morning. J he f. o. h. basis is easier owing to higher futures. The weather map shows bad weather, heavy rains In the central and Eastern states. Futures are steady at the moment. Leading traders, nre baying on 'lips and wire opinions from New York •bow a friendlier feeling toward the mar ket. New York, Xov. 29.-J. 8. Baebe & To.: * he cotton market ruled Arm this morolug. tho governing Influence tadng the strength displayed by Liverpool, that market being '■■Qhlderably higher than our closing on M ednesday. The feeling is becoming more bullish every day, especially *o 1“ the South, "here the holding of cotton Is largely o- •luiged In by planters and farming generally, i hy foreign situation Is still the paramount influence. The demand for this high-grade I" not aluiting in foreign trade circles. After slight declines following the opening price* advanced all along the hn*. The Hurch report was very bullish, being 10,388.- * hales estimate. Tho strength or price# •■arrled January to 10.76, March to 10.86 and December to 11.10. The uotlces were not heavy and were quickly stopped. 14 e favor me long side of cotton for tne present. The • dd-ont condition of the market, coupled with the extensive abort account, backed I*P by bullish estimates, will force cotton higher Mora Cbrlttm** v*»J Hayward. Vick & Clark.) iu!!L?, 0rk * S . ,tv - »•—»• ». Bnehe k Cu. 0,1 , New York eloae of Wed- newiay was due to show an advance of 2H Pp 1 . 0 **; Opened quiet and unchanged from yesterdny’s dose: At 12:15 p. m. was sLofta 5 *.!® 1 hHClOH net higher on near and fJMJ 8 hicher on late mouths, compared with Wednesday. Snot cotton quieter at 8 points hither than Wednesday; middling. fl.TSd; sales today i,000, American 6.100; specula tion and export 500, imports 1,000, American none. 1 euders new dock 3.000. Liverpool records a marked advance over the holiday. The outlook favors higher prices. I be depression scents to be fast passing uwuy, and the trade appears to be waking up to the fact that a abort crop will r i , , , .\ front .. ,,,p ■Pinner. The foreign situation still continues to be the lever which la lift ing the market. We are bulls, and favor purchase* on the recessions. The govern ment estimate and private report* will fa vor the hull side, and we look for sharp advances before Christinas. A b? u t 27,00Q notices out. Shearson z.109, X. e L d JP°»JHubbard 10.500, Freeman 6,200, Rich 600. Hopkins 7.700. Scblll selling the market off. Wall street commission hohses buying with little for rale. ‘No new feature, but shorts are very nervous over this persistent buying and light receipts. Think cottou a good sale on these upturns. Average estimate of 140 members of the Liverpool exchange is 11,935,000. are H *• *»• bids: December 10.95. January 10.66, March 10.79, May 10.88. Hood, Fornie St, Co.. Liverpool, cable the following: “.Serious shortage not only of American cotton crop, but all other outside cotton crops, becomes more apparent al most dally. W« expect a permanent ad vance.” A cable here says large business done In Manchester In American yarns. They say the .Memphis cotton exchange estimates crop at 11.992.000. A scramble on the parr of the ring shorts sent May to 11c. As soon as this demand was satisfied It broke to 10.93 quickly. The market .is entirely a local affair at the mo ment. L ' New Orleans, Nov. 29.—Hayward, Vick Sc Olark: Weather map shows heavy rains In the central and eastern states. If the mar ket opens up well wp think there will he some realising nnd a setback. W’e sre get ting near 11c nnd week-end selling Is uue today. Looks like short scare Is in swing and no reaction. Will probably go higher up to bureau day, but we should have some let-up orer Sunday. Liverpool cables: “Futures Improved on heavy buying of Jnnusry-February by Weld. General opinion here bullish. Short Interest small pending bureau. Market sustained by speculative bull movement and strength In tne South." Southwestern Cotton Buyers’ Association of Texas estimates the Texas crop nt 2,330,- 000 bale*. Good spot demand. Never aaw much small offerings at this season of tho year. On sales so far today the market should be presses lu Texas showed ss returns by these compresses to November 23 they have com pressed 63.364 bales this year against 282,987 whole of Inst season. Many think Price Is In a bad fix and will be forced to cover. Market looks pretty strong. Looks like going well through lie today. Bull feeling 1s growing owlug to cqntlp Spot ninrket on prices paid today should bo quoted 3-16 to He up. Middling 1-16, sta ple was bought at ll%c; good demand with little for snle. Movement at Interior town* very bullish. Receipts at most places only about 40 per cent of last year. Very little gain In stocks. ATLANTA MARKETS. FRUIT AND PRODUCE. BOGS-Dnll, LIVE POULTRY—H,2s dull. « cent,; chicken*, frit,. 22H930C. Duck,. Peklo, 35c MCh; puddle. Me each. Turkey, actlra, U, “nf^EBSHD POULTRY—Turkey,. tctlre. 20e pound; frit, nctlre. S>0 sen,. Ifc pound: duck. drawn, rancy, U< sound. PRODUCE—Lnrd, lie pound: Mm* tetlTfc Me pound: ahouldera nctl,,. lOOlle pound; aide, actlra. Jlc pound; hntqer. Its:lie per pound; baeiwnx uctlrc. «r round: hnn,» (bright) nctlre. 16c pound. Itnllnn X Che»t- nnt. 9c pound. FRUITS AND NUTS-CItron, We pound; almond,, 18c pound: Brnill. 14c pound: Filbert,. 13Hc pound: Kngll»h walnut*. 18c lb. Pecnn,, IZHc lb. Fig,. 0-o*. pkg, iHe.; 12.o*7 pkg. 15c. Lemon peel, 17(4c_ lb. Drang, pool. 17)4c lb. Lemon,. f,nry j|«- ran,. 38.7MH.00; bnunu... J«o lb.: lint.*, Florida «tock. 60c 100. Pennut, In »ncki tiTjr- , el nit 100 pound, ouch, owing to xratj-. Sc pound. Florida orange,. IMIS: ,1 tipplon, H«lK4e: drind peochet. lV ,_j. 61.9 box. Doten, 1-lb. pockogt, 7He. L. Untiltl,. 12 bo*. Mired mill, 26 and 601b lto*e«, lie. Grape,, Concord, 61b lm,ket. 20c. M»lngn. per keg. $MW. Appl-,. New York. S4.5Ot06.6o. Crnnberrie,. Ill barrel, 60c "vegetables—Potntoe,. per bubal. 9Jc etl; ,weet p<itntne«, II. Onion,. 11.10 bjjh. Hninlah, 11.50 oral,: krum 54 Urral. 33.75; Jtuttlib. 1*. f'elery, SMI90c , bunch: per crate 8 to 8 doieti, 15.25. Cauliflower, 10(13 lS^'pound. Lettuce. 32.2302.60 per crate Turnip,. 114c pound. Florida heana, S1.6C 19?* pound: baking powder. S5 ran#: Ir«d •nlmon. 36 cate; Plnb **Imoii. I4.I6 ca«a: cocon. 46c; chocolate. 4344c: anulT, Wb J«ra, 41c: root beef, 12.30 caae: tilran (New Or- lennai. 35c gallon: corn. *>£,ij? 11 ""• P 0 .*"!* 33.200390 cane; peanut,. SHc: rope. 4-ply cotton. 22V4c: «oap, cm,. C CANDY—Stick, a,sorted »V4c poond; ntlek Mrt ,d. ,cn L l,oxra Mm qra|n FLOrn—Hlghsst patent. SAW: best pst- ant, 65.78; standard patent. 68.60: half pat ent. 18.25: aprlnc wheat patent. W.2». TORN—No. 2 white (old erop), 79e; choice white (old crop), 80c; mixed (new), 75c. Tracked corn, Im pound sack. 61.90. CHICKEN FEED-Ffftv-pound sack*, ft; Purina chleck feed, 61.96; Purina scratch feed, 61.95; Purina feed, 175-pound sacks, ’’oATS-No. 2 White. 33c; No. a white. 32c; No 2 rolled, 60c; Golden oat,, 68e; white r *!ti^AL—uiftln. 96-pound ,»ek,. 77c; 4S. pound rack,. 79e; plain, 24-pound aaek,. *te: ‘nAV-TImethr. choice large hale,. 31.26: do*, choice «mell bale,. U.20: No. 2. ll^W: No. 2. one-thlrd halea 31.* Bermuda. 96e. 8IIORT8—Choice white. 61.80: fancy, fl.iO; hrown (75 pounds), 61.60: bran. 61.60. COTTON SEED MEAT^-Prlrns per toi^ j25.oo; No. 2 per ton, 624.00; bulls per ton, PROVISIONS. rROVISIONS—rremlum hama. 14)4c: M- llc 204125 pound, average. 9*.e: fat back,, 7Ve Sliver Leaf Iprd, lOHc. Jewell corn- noiind, 8c. Cellfornla ham,. 9c. Ex-rlbi, ,,i0 ‘ OAGGINO and 'ties. bagging-144 lb.. 1054c; 2 lh IlUe; 2« lh, llHc: re-rolled isecond hand). 7%c. TIES-K’ew, 61.17H bunch; second-band, GROCERIES. nICE-Jap, *H eenta; bead. 6||7c: fancy heed. according to the grade. CHEESE—Fancy full cream. 16Hc; Georgia cane ayrup. »cgallon; ralt.W 3g.ndn.Wjil axle gresae; 11.76; soda crscsers, «He pound. Isa sa n£ : . sfe.¥JBnfiMS SIJOAR-Standgrd granulated ».h»; New York refined. 4%: plantation. 4%<\ , COFFEE—Kddkted, Arbuckles, IlMJ; bulk to bag* and barrels.13c; green. 111112c. Fbredded blsrnlt. *5.00 c*se: No. 2. rolled Mtx 63 29 case; sack giita, 96-nonnd bags, Edited by Joseph B. Lively. MARKETS Mr. Lively'* twenty-five years* experience of ed* (ting markets In Atlanta j and the South has made | him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS TIPS FLASHED. From Wall Street. -J. 8. Dacha * Co.‘. . Itrong % to % higher. Csnndlnn Pacific la the exception and fell »«. Amalgamated Is also fractionally lower in sympathy with other copper* In that NAME OF, STOCK. Atual. Copper .... Am. Ice Securities . . Am. Sugar Refinery. . American Smelting . , Am. Car Foundry. . . American Cottou Oil . Anaconda Atchison .\ . ... , do. preferred . . . . Atlantic C. Line. . . , Brooklyn Rapid T. . « Canadian Pacific. Chicago Sc Alton. . . . Consolidated Gas. . . . Central Leather do. preferred Colorado Fuel k Iron .. Corn Produce. .». . . . Colorado Southern . Delaware k Hudson . . Denver k Rio Grande . Distillers* Securities. • Erie do. preferred. . . . ., General Electric . . . . Great Western v . . .. Great Northern pfd. . . Illinois Central luterboro . do. preferred Kansas k Texas . . . . lit 110H 111% NAME OF STOCK. kansas k Texas pfd. .. Louisville Sc Nashville.. Missouri Pacific. . , . Mexican Central. . , . New York Central. . Northwestern. .... National Lead * Norfolk k Western. . * Northern Pacific. . . .* Ontario k Western. . * Pennsylvania. ....*. Pacific Mall * People** Gaa Co.. . . * Prbsseil Steel Car. . i* Reading * Rock Island • do. preferred. . . .• Republic Iron k Steel. * do. preferred. . . .* Southern Pacific. . . • Southern Railway. . • do. preferred. . . .• St. Panl * Tenn. Coal Ac Irou. . • f sxas Pacific nton Pacific , S. Rubber do. preferred U. S. Steel do.preferred. .... Western t’njon. . . . • Wisconsin Central, do. preferred. . Total stock sales today. 695,900 shares. Lank* are preparing to resuui payment* all over the country, ravornble statements of earning NEW YORK. bee.. . . .I10.94lli.26 Jan 10.62110.85 Feb.. . . .10.7110.71 March. April. . May. . , .10.84>11.06 , . io.su 11.00 . . .Il0.77ll0.97jl0.75 steady., 11.17-19110.9&96 10.77-79 10.56-56 10.13-85 10.64-66 10.89- 90 10.70-71 10.94-96 10.74-76 10.98-99 10.78-79 10.92-93 10.76-77 10.90- 91110.74-75 LIVERPOOL. Following figures give the opening range. t p. m. and dose, compared with yesterday: Futures opened steady. Opening „ Preylou* Range. 3 p. m. Clot*. Close. Nov. ... .8.87H-5.89 5.87 6.93^ [..MH Nov.-Dec. . .5.75 -5.78 5.7«H §-f Dec.-Jan. . .5.77 -6.7R 5.76 Jan.-Feb. . .5.78 -5.80H 5.79 Feb.-Marcb ..5.81H- ' Marcb-Aprll .5.86 -5.82H* Aprll-May . .5.81 Mny-June . .5-81-5.83; nosed firm. NEW ORLEANS. J i 5 ’J li I t sl C-V Nov.. , . . Dec Jan Feb March. . . April. . , . May. . . . June. . , . July. . . . ia69|H.M 10.84 11.0? ifc®fti2 m97M.*i9 ii!68lti!26 10. Mi 10.96 10.S2 10.97 io.wjaw iboftliu’o jlO.97 10.96- 96 10.82-63 10.96- 98 10.79-SO 10.97- 99 10.78.79 11.00-01 10.82-kl 11.0204'tO.M-85 11.084)6 10.X9-90 ll.Ot-11 10.91-92 11.14-16 10.96-99 Closed barely steady. NOTES ON GRAIN. Pointer? on Provisions. Special to The Georgian. (From Hayward. Vick k Clark.) Chicago, Nov. 29^—Bartlett, Fraxlcr Carrington: Foreign advices atate that the market weakened on reporta df rain In tho Bombay section of India. Thl* probably will canse lower market* hero today, but tho strength of the situation Is unchanged. Wo have already aold about all the west can spare this country, and we still be lieve In higher prices. „ . . Receipts of coarse grain* are Tery light. Tho demand shows signs of improvement. We still believe there will bo extreme scarcity of corn here during the month of December. The farmers do not «eem dls- r »seil to sell at present prices. Chicago Record-Herald: It Is expected that the regular government report Issued December 10 will show a smaller winter wheat acreage than that aeeded last yen?. Tho wheat crop of Canada, Including On tario, Is officially estimated at 88,00,Ow bn. or 24 per cent less than tho eroujof 1906 and 18 per cent lesa than that of 190G.J Hed- retary Fowler’s report of the crop of the Canadian Northwest made tho total 64.675, average of 12.9 bn. per aero. The western view of the Canadian figures wn* verv btillieh. It was counted that not oyer 5<» per cent of the Northwestern Canadian erop was of grade sufficiently gn^l for i$Ill- lug nml seen.' . 'j , Local flour millers are doing a very good business. One of the mills Is hooked ahead ami is running full'both on foreign and domestic business, while the other Is run ning fairly strong on domestic trade almost exclusively. Minneapolis mlll^redueed their flour output last’ week by 86,000 lirl*. and had only a limited trade. Frederick Harrlao~ * lately been through ncHned'to th<T belief that HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN .AND PROVISIONS. C*rondtlet and Gravl.r 6t*» New Orleane. MEMBERS: s: gas;ter ss ajs?a«jgg^g«a ***«»«% v ...... d. •. BACHE & CO., AND BARTLETT, FRAZIER & CARKINBCON, oaiVATS WIRES TO ALL POINTS. as well as through the leading American grain markets. Is Inclined* to tho l»ellef that Interior reserves of wheat are very light. “Financial condition* are a bit eaaler, and I think that tbf American grain merchant w«ll soon discover that he has sold enough wheat for the preaent,” he said yesterday. Corn men are watching th«> Illinois crop with much more Interest tbnn usual. There Is a wide diversity of opinion as to the quantity that can be got hero lu tpuo for delivery on December contract*. A major ity of yesterday’* advices Indicated that the corn waa too damp for shipment, but that there would likely be quite nn increase In shipments next week If the weather was good. Believers In lower price* for De cember corn figure that on accpuot of tho financial situation the *■* * “** maud will be of the .... mouth aort, and that It would not require a great deal of actual corn to supply the wants of local bulls. Brootnhair* agent at Sydney now estl mates the exportable surplus of Australia at a minimum of 15,200,009 bn "** “ estimate of this year** crop 34.700,00 bu. Frank I. King, of Toledo, says that while foreigners concede that American wheat Is on the bargain counter, they seem to l»e a little shy about taking advantage of the fact. onditiona are fait veering around to nor- I In the shipping trade In corn and ontt. Eastern distributers plainly had depicted stocks and they were bidding good prices here to replenish them. Htock* both of corn and oat* here are very low. One of the oats shippers said that the dally receipt re hardly equal to local requirements. Before another wheat crop Is raised in ..... Northern hemslphere the world will go Into n period of scarcity such as has never before been kuown,’’ Is the opinion of W. H. Crosby, who was laying wagers yesterday that May wheat would sell at 81.40 per bn In the life of the option One of the resftlts of the recent big de cline In the price of hog* has been the erection of the pld primitive style of smoke house* by farmers pretty generally through the corn and hog country. These smoke * built very cheaply and farm ... i pretty generally cutting n few bogs out of their herd to supply, their winter meat. Tbla Increase In the country killing has been hastened because of the failure of local butchers In the small**! towns to keep pace with the decline in the price of pork on the hoof. Lyle, of New ^ork. saya: “Europe need* 300.w0.000 bu. of wheat before August 1 and at best can get but 100,00,00 bu. from Argen tina Where Is the other 200,000,000 ha. ramlm from?" Tlra altot, Imllratn wKlilr NEWS WAS BEARISH IN EARLY I Resulted in an Opening at Near a Cent Decline From Wednesday. ST. LOUIS CASH QUOTATIONS. Chicago, Nor. 29.—Wheat opened weak at %G%c lower tbnn Wednesday’s close. A lotyer. market In the pbrthpvest. together with Heavier receipts than estimated and dtsap$>olntlng cables, were the principal fed* torek 1 The estimate oq ibe/Russlan whpat, crt>j>*1* IS’per ccht bVftCT than previous predictions. Corn and oats opened at a decline of HO t e Jn sympathy with wheat. Provisions opened 10c lower generally, but recovered the Joatf In the first fifteen roln- te* of trading on twitter priced. of 'Uv* :6ek at the yards. t . Wheat closed lower. Corn was dawn He. and oats doclined Provisions left oft with small changes. CHICAGO GRAIN MARKET. Following are-tho Chicago grain and pro> visions quotations for today, compared with yesterday's close: heretofore reported. It la probable that there will be no wheat for export during the season of 190«. Ho far this season exports have amounted to about 60.000.000*bu. Latest advices from Argeutlwr the North has l>een ball. Argentina'* exportable surplus of wheat Is officially estimated at about 146,00.oj bu. Ho far this sea sou the exports have amount ed to 101.072,0»M bit. 62; oysters, full wflfbt. ease; pepper, HARDWARE. • pr!5w~KScKjfcfiarjjip. Kc; Ferguses, AXES—67 per doten bsaa. cot 62.69 * Min?>r-IIcrse. 64.2534.T5 keg; mule shoes, ^TLBH-Paiotcd. 62-30; cedsr, 88.601 May .. 102% July.. CORN— Dec. .. 64% May .. 65% July .. 56 OATS— Dec. .. 46J4 May .. 60H July .. 46% PORK— Jan. ..12.65 May ..13.00 LARD- Jnn. .. 7.66 May .. 7.65 RIBS— Jan. .. 6.70 May ,. 6.85 96 % 102% 97% 94*4 102 k WEATHER REPORT. WKATHCR CONDITIONS. A storm area has mo red eastward along the gulf coast durlug the last 24 hours, causing general rains over the south, heavy in Alabama, portions of Georgia and the Carolina*. Rain was falling this morning at Atlanta, Thomasvllle, Savannah. Charles ton, Augusta and Wilmington. The center Is nn extensive area of high pressure, ac companied by clear weather and lower tern peratures. The high area la central over the middle Rocky Mountain region, with Its crest extending from the north Pacific coast southeast Into the lower Mlsnlsslppl valley. The area of doudlneai la now con- The advance of the northwestern high area will cause fair and colder weather In thin section tonight and Saturday: min imum temperature tonight about frceslng. Minimum and Maximum Temperatures an^|'Rainfall. 84% 65 54% Sa fig fflt 43?, 454, 453, 32.7® 12.4244 12.46 12.45 13.10 12.724, 12.75 12.30 7.'5?4l T.Gi, 7!«& L474, Abilene. . . . Amarillo. . . . , Asheville. . . , ATLANTA. . . . Augusta. . . . . Rlrmlugbtm, Bismarck Buffalo. \ , . . Charleston. . . , Charlotte. . . . . Chicago. ..... Cincinnati. . . Corpus Christ!. Davenport. . . . Dodge El l’aao Fort Hiulth. . . Galveston. . . . Havre. ..... Huron Jacksonville. . . Jupiter I Kuiimss City. . , 53 Key West. . . . 66W Knoxville. - - - 55%; 47% CHICAGO CAR LOTS. The receipt! of grain In car lots today and estimated receipts for tomorrow are aa fol lows: Wheat Corn Oats Hogs, head. . . , Today. (Tomorrow. THE LIVE 8TOCK MARKET. Colon Htock Yards. III., Nov. 29.—HOG8— Receipts 23,000. Market strong to lOe high er; light hoes, 64.20414.65%; mixed, 84.Z7C4.76: heavy, 64.To; rough. 64.29C4.30; pigs, 8S.80G 30; yorkers. 84.&C4.60. CATTLE— Receiptm 8,500. Market steady beeves, 63.aittS.50: cow*. 81.1604.60; Texas steers. 83.1003.90; calves, ;68v7: Western rattle. 63.5O04.9S; yearling*, 94.6q08.S; lambs, 63.7503.60; Western lambs, 63-7^94.76. LIVERPOOL GRAIN MARKET. Wheat opened %0!8 lower, and at 1:10 p. m. waa 1%01% lower. Closed 1%®1% lower. Corn opened at % lower, and at 1:60 p. m. was % lower. Closed lower. THE SUGAR MARKET. New York, Nov. 29.—The domestic refined sugar market was ateady and unchanged with all refiners doing business on the basis of 4.70c lesa 1 per <*ent for cash, except the Federal Hugsr Refining Company, which Is doing business on the basis of 4.66e net less 1 per cent for cash for fine granulated. Local raw sugar markets steady. Ixmdon beet sugar market Is firm, with November and December up l%d each at 9* 4%d. ILW: Dort.nt »tl Rttrartl itmok.lM,, k,(( 3U.3»; 44 kff, 85.73; 1-Ib. r.nlit,ra, JL * ti p— mt’. Iroirtorf mankaiH, ))0 w! r07VDER-34.57: kslf test. Stn. 44 i.Z 4er. 1-lb. cans. 61 HHOYRIJS-S3 to 811 per doxss. CARDM—Cotton. 64.78 per doxes. PLOW BLADES—8c per pound. fBON-m " " “ “ 24W ,,r poQDtl b,„; Sw.d., «4Ve BU«’, : KET*-P»ln>. 3LT0 .MM; wblt, c» —n. 84.33. >cv. 84U4 dot,a. •‘Sfrri itr. Ibra, b«>tn. 84.33. CHAINS—Trara. *4434 GU-*: POWDER—Tkr k,,. AuU. crack Angeles, , Memphis. Meridian. . . . Mobile Montgomery. . Nashville. . . . New Orleans. . New York. . . Norfolk. . . . North Plutte. . Omaha Pale*tlne. . , « Pittsburg. . . . Portland, Me. . Portland. Ore. . Rapid City. . . St. I,nui*. . . St. Paul San Francisco. Thomasvllle. Vicksburg. . Washington. Wilmington. Max. M A HURRY, Section Dlrsctor. WEATHER FORECAST. Washington. Nor. 29.-Wsatber conditions ami general forecast; The southern disturbance has moved east ward to northern Florida In very moderate form, »nd mis# continued In the Houth At- lauilc and east gulf state*. There were also local rains and snow* In the lake region. New York and New England. lu the inte rior of the country the weather baa l»eeii generally clear with high pressure and low temperatures. There will he rain tonight In the South Atlantic states, followed by fair weather Saturday. In the middle Atlantic states, the lower like region, the Ohio valley and the east gulf states the weather will be fair tonight and Saturday. It will be colder to- uight In the Atlantic states. Forecast, till 8 p. m. Saturday: Virginia—Partly cloudy tonight; showers In southeast portion: colder In southern portion; Saturday fair; fresh northerly wind*. North Carolina and South Caroiina-Raln nud colder tonight;, Saturday fair; fresh, “osslbly brisk, northerly winds. Georgia—Rain and colder tonight; Satur day fair; fresh to brisk north to uorthwest FI6H. pound: snapper. ept In extreme southern portion; Satur- day fair and colder lu southeast portion; variable winds, becoming northwesterly and freeh »•> brink. Western Florida-Fair and colde^tonight; Saturday fair: light to fresh rmrtW?* rinds. Alabama-Fair tonight; colder In eastern nd southern portions; Saturday fair; light o fresh northerly wind*. Mississippi-Fair tonight; colder In south east and extreme southern portions; Satur day fair and warmer; light northerly winds. NAVAL STORES. Special to The Georgian. inarket. The situation generally Is improving, nnd — * resume currency . Some very _ iga by Indus trial companies are published this morning. Including Republic Irbu and Steel and Pittsburg Coal, Among the railroads the October state* meuts of Colorado ami Southern are faTor- »bh? enough to attract attention. Mr. HUT expects Great Northern to show a very heavy Increase for November, de spite I Mini lie** reaction. The news over the holiday altogether I* of a very reassuring character nml will gjjjJjMj be reflected In a higher market Weakness In Gould stocks caused tem porary hair Harriinnh stocks holding up well, also Reading. range declared 1 per cent quarter t ulrtjjend on Copper range wn* 1% .. , . little. It should tie good for an ndvsuce of moderate proportions, as the reports from the com pany are very favorable. ^Jake Field Is bidding up Smelters now One of the largo banks this morning called 65,000.000 In loans. This caused an advance III call mouey. Financial Bureau: Bullish operations are again likely today lu the stock market. will be met on further bulges. It will prub ably be the wiser plan to take profit* on strength on at least part of holdings. Pur chases on reactions are favored. If the buy er will be careful In hi* selection. The dally operator will tee that bis best policy Is a division of operations. leaders appear to bo Reading and Uulon Pacific, although the offerings In the latter hare not yet been entirely removed. These two stocks, according to the best Informa tion obtainable, are purchases upon all re cessions. We favor the Hill stocks; also Northern Pacific and Great Northern. Town Topics: While the market leaders have continued strong, tve regard tbla as practically entirely due to short covering and manipulation. Under cover of this there hns been heavy selling, -esneelallv In such stocks as Pennsylvania. New York Central, Ht. Paul nnd Amalgamated. This has been long stock put up as collateral on marketing loans, and there Is every reason to believe that there Is a great deal more of such liquidation overhanging the market. There may be little business doing today or tomorrow on account of the holiday break ing Into the week, hnt we regard the out look for the next week aa decidedly unfa vorable and would take adifiintage of strong spots as they appear to ^*11 stocks. The efforts to arouse confidence In the ascending quotations for copper metal are not regnrdcd in the trade as calcnlated to be successful, especially ns the demand from the actual consuming Interests Is na backward as ever. Indeed, we remain ex ceedingly bearish on copper metal and the Copper and Smelting issue*, and we believe that very much lower prices-will rule dur ing the next few weeks. Union Pacific and Rending will probably again he subJert of manipulation today, but these stocks also, lu our opinion, may be sold on the rallies with full faith that they can be recovered at marked concessions from the present quotations. The demand for spot eotton continues rather disappointing, and we would sell both cotton and vsheat on bulge* for tnrns. Early London prices for Americans come strong nnd higher. The Rank of Englnnd rate of discount Is unchanged at 7 per cent. GEORGIA RAILWAY AND ELECTRIC COMPANY. Ronton. Not. Following wan the bid nnd naked prion of Georgia Railway and Elrotrlo t'ompnnjr today: Aaked 71: bid 78. No market for preferred. MONEY AND EXCHANGE. New York, Nov. 28.—Money on call 609; time Ioann dull; 6n daye 9; “ dayn and nix month! 10012. Pouted rate*: Sterling exchange <4.81 04.8750, with actual bunlnea* In bank er*' bill* at 34.862504.8630 for demand and ni 14.7975 for 60-day bill*. Prime mercantile paper unchanged. London bar allver 26 ll-16d. New York bar silver 57 3-4c. Mexican dollar* 461-2e. COTTON SEED OIL MARKET. HI BETTER PRICES Rumors of Probable Reduc tion in Dividend in Goulds Caused Weakness. GAINS ENTIRELY LOST In Ten Minutes Trading Losses Averaging a Point Were Recorded. November. December. January. . March. . . . May. . . . Closed steady. Sales, 8,500 barrels. ATLANTA OIL MARKET. 26%&27, January THE COFFEE MARKET. Tbs following figures gives the opening inge and cIo*** ln ***** v —• v».l market today: 05.60 April May June July August September October November December .. „ - -- --j S.S566.9Q EM Closed steady. Sales 23,500 Ugs. MAY A8SI8T TO REBUILD 8HOP8 AT WAYCROS8 Special to The Georgian. Waycross, Ga., Nov. 29.—The execu tive commtttte appointed at a Joint meeting of the stockholders and cred itor* of the South Atlantic Car and Manufacturing Company, recently Wayerose, will meet at the offices of the car company this afternoon to dis cuss Important business matters. Among other things that -will come before this * executive meeting will be the subscription amounting to about 670,000 In cash and $10,000 labor from the citixens of Waycross for the re building Issue of stock. market opened this morning with the g* ernl list showing advances when eompnrcti with the closlni; of Wednesday, rumors <>f probable reductions III the dividend* of the Gould stocks and the probable calllni; "C loan*, which are secured by these share*, unsettled the market, with the result that f ;aln« established In man/ stocks dur- iig the first ten mluutes of trading were Wiped out and losses averaging a point re corded In I heir places. Liquidation of Missouri Pacific continued, that stock losing 1% points. Selling nt Western Union was responsible for n de cline of 4% points. I^ndon wsa Irregular. The Bank of Eng land discount rate remained nuchnnged. Wheat was off alwwt le a basket, while cotton was 80c a bale higher. Trading on the curb market was quiet, but steady. New York. Nor. 29.—The stock nisrket opened almost geuerally higher, aa follolv*: Erie, Great Northern Ore and Southern Pa cific %, st. Paul % and In all %. Pennsyl vania. Smelting. Steel common and Brook lyn Rapid Transit 2. Steel preferred %. per cent f -J the close Wednesday. Atchison opened % higher. New York Central %, and Steel preferred % higher. Heading opened % higher and de- At the* end of ten minutes’ trading the market was IrregulAr within a»very narrow range. Western Uulon. with a sale of $90 shares at 56, established a new low record for the year. A few moment* biter 100 shares were sold for 64%, a lower flgnfe than any re ceded since 1893, Its last and moat Serious leprrssion. There Is stock, hut It Is well i held. ’ After mid-day the .market was steady with Arm tone for the most part, weakness In the Gqjild stocks did not seem to have exercised any consider able sympathetic influence, and on very small dealings there was a dis position to cover short*. Bear gossip for the moment takes the form of throwing doubts on early resumption of work In the steel- «districts and among the print mills of Nsw Eng land. Easier money, however. 1* expected to offset rumors of the kind, especially as many works were shut down on SCdount of Inability to handle the wag i question with tho shortage of currency Closing bids follow: * Railway Stocks. Atchison .4 74 1-4 do. preferred 80 3-4 Baltimore and Ohio Canadian Pacific Chicago and Northwestern .. Colorado Southern .. ... .. .. Denver and Rio Orande .. .. Erie .. Illinois Central Louisville and Nashville .. .. Mexican Central .. Missouri Pacific New York Centra)-., Pennsylvania .. .... Reading ,. •. Rock Island .. .. do. preferred .. .. St. Paul Southern Pacific Southern Hull way Union, Pacific Interboro-Metro .. . . do. preferred Great Northern Miscellaneous. Amalgamated Copper .*. ., ., American Car and Foundry American Locomotive .. .. American Tobacco .. .. .. American Cotton Oil .. .. American Smelt, and Ref. .. do, preferred Brooklyn Rapid Transit .. .. Colorado Fuel and Iron %. .. International Paper National Biscuit National Lead Northern Securities Pacific Mall Pressed 8teel Car Sugar United States Stoel do, preferred Western Union Mackay Companies do, preferred Vlrglnla-Carollna Chemical .. . .118 3-4 ..134 .. 171-4 .. 19 1-4 .. 151-4 ..12.3 48 .. 96 If2 ..no r-2 .. 8?1-2 .. 1.15-8 .. 32 .. 99 5-R .. 71,5.x .. 111-4 . ,114.1-2 . 7-S 1$ 1- . 40 1-4 . 212-4 .. 761-2 171-2 .. 341-4 ..104 3-4 . 261-4 .. 84 7-8 .. 58 . 48 THE LONDON STOCK MARKET. Amalgamated Copper Anaconda . Atchison do. preferred Baltimore and Ohio .. Chesapeake and Ohio .. Chicago and Great West.. Canadian Pacific .. Denver Rio Grsude do. preferred ,. .. Erie First preferred .... Second preferred .. Illinois Central .. , Kansas and Texas do preferred .. Ijonlsville and Nashville.. Mexican Central .. .. Norfolk and Western Northern Paclfit- .. New York Central .. N. Y„ Ontario X Western Peuiisylvnnla Philadelphia and Reading. First preferred Second preferred Rock Island Southern Pacific * .. HL Panl .. „| Southern Railway do. preferred Union Pacific .. .. .. .. U. H. Steel I do. preferred j FIRH-BrMin. .c puono: uappw Sc p»r r.hiIii Cm; mIn, £2(3; r»*l|>t.. 5.446: a@ rwv- u c * FRANK IIAWKINS, President. B. If. ATKINSON. Vice-President. TIU»MA» C. ERWIN, Cashier. JOSEPH A. M’C’ORD, Vlce-P«iWe«t V, W, uthus, Assistant Castries. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CALHOUN. MILTON DA KG AN. JOHN, W. GRANT. ' II. V? MXOI'.U, FRANK HAWKINS. If. M. ATKINSON. JOSEPH A M'COHD. h\ ft. ROSSER. DAVID WOODWARD.